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Unemployment on the rise again.

Unemployment on the rise again.

Old Aug 12th 2011, 12:02 pm
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Default Re: Unemployment on the rise again.

Originally Posted by Rambi
Unfortunately Bluescope hasn't recovered from the GFC. Not sure what they got wrong but the company has been limping along for the last 3 years.
Exchange rate is killing them.
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Old Aug 12th 2011, 12:11 pm
  #47  
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Default Re: Unemployment on the rise again.

Originally Posted by iamthecreaturefromuranus
Exchange rate is killing them.
True. And I guess adapting to that would have been capital intensive.
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Old Aug 12th 2011, 12:15 pm
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Default Re: Unemployment on the rise again.

Originally Posted by Rambi
True. And I guess adapting to that would have been capital intensive.
And China is now taking the role of doing the 'value add' on raw materials - for a lot less capital I bet.
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Old Aug 12th 2011, 12:16 pm
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Default Re: Unemployment on the rise again.

Originally Posted by Rambi
True. And I guess adapting to that would have been capital intensive.
BSL are caught between a rock and hard place at the moment. Exchange rate up and demand for steel down.
It will be interesting to see what the Government do should BSL annouce massive redundancies. Wollongong is hugely dependant on the Port Kembla complex, should it go under, it will take the city with it.
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Old Aug 12th 2011, 12:18 pm
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Default Re: Unemployment on the rise again.

Originally Posted by bcworld
And China is now taking the role of doing the 'value add' on raw materials - for a lot less capital I bet.
Yep. I think the plant in Hastings is only still going because its machines are set up for an unusual size. There was some talk a couple of years ago about shipping it to China.
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Old Aug 12th 2011, 1:12 pm
  #51  
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Default Re: Unemployment on the rise again.

Originally Posted by Rambi
So, is there a difference between a troll telling everyone how good it is in Aus and not living here and someone else telling us how good it is in the UK but not living there?

Because the latter are not in short supply on here.
Post of the day - respect!
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Old Aug 12th 2011, 1:21 pm
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Default Re: Unemployment on the rise again.

Oh right, yes I think you have misunderstood. I was referring to someone who has NEVER lived in Australia. I hope that makes it clearer for you ?

Originally Posted by Rambi
So, is there a difference between a troll telling everyone how good it is in Aus and not living here and someone else telling us how good it is in the UK but not living there?

Because the latter are not in short supply on here.
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Old Aug 12th 2011, 1:23 pm
  #53  
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Default Re: Unemployment on the rise again.

Originally Posted by chris955
Oh right, yes I think you have misunderstood. I was referring to someone who has NEVER lived in Australia. I hope that makes it clearer for you ?
Just out of interest, when was the last time you LIVED in the Uk. Not just been a tourist but lived, worked, paid bills etc.
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Old Aug 12th 2011, 1:24 pm
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Default Re: Unemployment on the rise again.

A few years ago, why's that ?
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Old Aug 12th 2011, 1:24 pm
  #55  
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Default Re: Unemployment on the rise again.

Originally Posted by chris955
A few years ago, why's that ?
Just wondered.
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Old Aug 12th 2011, 1:27 pm
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Default Re: Unemployment on the rise again.

Oh.
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Old Aug 12th 2011, 1:28 pm
  #57  
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Default Re: Unemployment on the rise again.

Originally Posted by chris955
Oh.
How many is a few? 2, 5, 10?
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Old Aug 12th 2011, 1:34 pm
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Default Re: Unemployment on the rise again.

About 10, why is it so important to you ? I was referring to someone who has NEVER lived here.
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Old Aug 12th 2011, 1:36 pm
  #59  
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Default Re: Unemployment on the rise again.

Originally Posted by chris955
About 10, why is it so important to you ? I was referring to someone who has NEVER lived here.
Interesting. Do you think that it is the same UK as 10 years ago??
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Old Aug 12th 2011, 1:38 pm
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Default Re: Unemployment on the rise again.

Originally Posted by northernbird
Interesting. Do you think that it is the same UK as 10 years ago??
Well United are still Champions... so some things never change.
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